TUESDAY. JULY 24. 1962
MEDFOHD MAIL TRIBUNE. MEDiOHD. OHEGON
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5:ovc-Average Rating
City for Business
n If V
M- ftniYl i civfn an above
;ci;trc ritinc for business
vMlsiv in S'tlrs Manage
mi hi jjiinujil report on b'jy
im: f.ov.rr. rrrcnlly released.
Tin maiori'.y of local fami
i' ho'.v?, earned more
.'i'i'I -rjcnl more in the pa.st
year than did families in most
pans of the nation.
Toe economic doldrums of
ihe previous year, when busi
ness '.vas spiittering alonK in
Imv ji'ir. locally and clse-
ta ie, wr re wiped away
th'i!out!lil' by the strong up
lorn that took place in the
la.i ooarlcr of
Prf-sented In Report
Kacts and figures detailinR
inmnie and spending per
household, and the way they
vancn from community to
o'l inunity, are presented in
Ine copyrighted report.
In Mf rlfnrd. the resurgence
f i r I'liii-iinirr buying produced
a sales volume in local relail
stores of $fi0.5f5,000, an in-erca.-e
over l!)li(l's total of
Si;;; diij ddd.
On the basis of population,
(!" amount was well above
what should have been ex
neeted Ih'ekoncd in that way,
local r',tml business should
have amounted to only .0133
p r criit of the national vol
ume. Actually, however, it
went lo .(KU7 per cent.
Cet' aimer Hesitant
'I -ic fine result was
achieved despite the effects of
the recession, which carried
over into the first few months
of 1961. The consumer was
still hesitant and cautious in
his spending during that per
iod.
Not until the latter months
of the year did he fully come
out of his shell and let loose
with his dollars. What would
have been a moderate year for
business was suddenly trans
formed into a good one.
The upsurge was made pos
sible by better earnings, on
the average.
The survey shows that net
income locally, after payment
of taxes, totaled $52,862,000,
compared with the 1960 fig
ure of $50,395,000.
S6.293 Per Household
It was equivalent to $6,293
per household, an arithmetic
average obtained by dividing
net Income by the number of
households.
The excess of sales over in
come shows that people from
the surrounding area shop in
the city.
The comparative standing
of each community with re
spect to business activity,
taking account retail sales
and population, is shown
through an "index of sales
production."
The index rating of Med
ford is given as 238. or 138
per cent above the national
average.
The town of Assifi in cen-'St. Francis It has little com- The California Taxpayers cent, the cost of livinx went
ral Italy has changed little in merce or industry and most association reports that be-up 117 per cent and total
appearance since the middle ! of its income is derived from i tween 1940 and 1961 Califor- property taxes increased 643
ages when it was the home of tourists. i nia's population grew 132 per per cent.
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Vacation in a beautiful Buick Le Sabre this summer ( the rates are surprisingly
low!). Most of the things you'd like in your next new car at a price you'd like to pay you'll
probably find only in the spiffy Buick LeSabre. Here's just a partial rundown of what LeSabre
offers, Buick quality, room, ride and extra re-sale value. The high performing Buick Wildcat
Y'8. The greater road stability of Buick's engine-forward Advanced Thrust engineering (it aiso
means a nearly flat front floor!). Buick's jolt-free automatic Turbine Drive. Buick's famed
finned aluminum front brakes. AH standard and Le Sabre's priced close to many "low price"
car models. Why not start your Le Sabre vacation right now? Your Buick dealer is making
it mighty easy for you to save during his big fly, gyp ggg g
Topi In TV! "Sing .long with Mitch" Thunday tvening, NBC-TV. Drought to you by Buick on behalf of your authorixed Buick dtalth
SKINNER BUICK CADILLAC 143 So. Riverside
WAV.;. .1' '?
I ill! i Bl.. 31
IN GALLERY This painting by Bill Min- gold key and blue ribbon awards It !
neci, 14, son of Mr. and Mrs. Ross A. Min- was sent to New York, where it wa- ;:.t
neci, 224 Vancouver ave., is hanging in the ed an honor prize by Hallmark Cards. h
Junior gallery at the Nelson Gallery of Art co-spoheors the art project. Youm: Minn
in Kansas City. Mo. Entitled "Buildings," rcccivedia $100 purchase award from II.
the watercolor utilized dark purple and mark. A freshman at Iledritk .lunmr n
sand colors on canavas. The painting was school. Minneci has studied with Miss t'.i
entered in the regional Scholastics Art erine Fonkcn.
Award program in Portland. There it won
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III hm'rft 5(bu
1 .- .'.VC i I
Dcoliltle Again
Heads Air Guard
Salem -IUHI- Col. Gordon
L. Doolittle, Portland, is re
turning after a five years ab
sunce to again become com
manding officer of the Oregon
Air National Guard. Slate Ad
jutant General Paul Klievcr
announced Monday.
Doolittle will succeed Col.
Waldo E. Timm. Portland,
who has been commanding of
ficer for the past four years.
The change is effective
Aug. 1.
Doolittle was commanding
officer and chief of staff for
air five years ago when he
lefl for a one year lour at the
Air War college in Alabama,
and four years of active duly
in the Air Force.
In addition to the other
titles, Doolittle, combat fight
er pilot in World War II. will
become base detachment com
mander at Portland Air base.
Timm has been called lo
Washington, D C. and will be
gin a four year lour of active
duty.
Goldwafer To Address
Oregon GOP Rally
Portland -HTH- Sen. Barry
Goldwnter (ft-Ariz), is sched
uled to address a "Welcome
to Oregon" Republican rally
and picnic nt Lewis and Clark
college here Sept. 3.
It will hi Goldwater's sec
ond visit to Oregon this summer.
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i...i..iiWnw ii
By SYLVIA PORTER
Copynqht, Hall Syndicate, In
WBifiWBH fliiilifni? riiilil iii ; i i i . f. , , ; h , ,
PROFILE OF AN INDUSTRIAL TYCOON
What sort of men hrac. America's ftlW l;irr -t co! pout mn -
the power elite of U. S. industry which in iniil alow chalk
ed up sales totHling an awesome $2 0f hilhnn, mvniiniptj lov
more than half the sales and over 70 per rent nf ihn nmiits
of all U. S. manufacluriiiK and mining rnmparne n.M . i"
the brcs, educations, backgrounds of the mnruim pu imi
over companies which in one year produce inure tn.ni the
total output of dozens of well-known nation around tiie
globe?
Here's a profile of this tycoon.
He s between 50 and 5ft years of an, ami if he
dent of a tfiant with sales of more than a hiM-hill
lars a year he didn't rc his position until lie was n .
He has held his present job for five year.-, or
rose through the executive ranks via in.uni
marketing although if he's president of the bt
bigs, he also may have come up Ihiounh iht
and scientific routes.
Ha has at least a bachelor'! dnqrro. mo.l 1
tained from a college or university J
Yala, Princeton, Harvard, Cornell and M.I.T. Hvi
list.
Ha haa worked for only one to two companies,
rara axecption it he switched jobs frequently.
lie holds one or nunc directorships in oth. n
IndicntinR he has great influence outside a
his own company.
This Is a summary of the major charade
presidents of 453 of the 5tWl lament o'p.",
by Fortune Magazine. The study wa.s matle l
StrugRles. one of the biggest and oldest eveeut
firms In the country and is. says II S. the tn
j made of the presidents of the top fiiio Wu.
! H Se S was to find out for its own gradual- .
the men rose lo the top, it has fascinatim; in
any of you who are striving to reach the .;;:
the men bear impressive sunilaril ie o eai ii
A first key point is their education, of tin
per cent have nt least a bachelors diL!'.- ..r i
are presidents of companies w ith mt.- a
more 81 per cent have at let-a tni o
Heidrick VV Struggles 'in tins era oi p ;,
ment, education is etxrcmely impoit.ini .out
seldom look for a man without a colli .v .h
cause we think the degrees neeessaritv n.tki
but because we think the college giaiituue
broader outlook and be more poised "
A second significant point i the Mnulapi" V
tht routes they took to the pinnacle nunu1 u (t i
kettng, engineering or science. Says tho ir-iu'i'"
"Most companies, including the in rir-f ci"i
leaking an increasing number of exrculivrs w .:, c
ing and scientific backgrounds.''
A third provocative point is the unnmpti .'
To me, it was astounding to read that It p.; .
.presidents have worked lor only one co-op ,n ,
: per cent have worked for only two Y.f :.e.
jinto consideration, tliis u a ii;uilinL: f.r,t
! other end of the scale the piopmi.on w
around worked for se en or mo'v i o-i ; i r .
,4 per cent. Rut the results fit in with aiu. I - -I
in this column from other job experts Sue,- : , i .
' moving around in your -ik. at ace . .
j ahout the place you want to be ami v
I concentrate on achieving them
; Finally, a point which stand on!
; limp the men remain at the peak n'
in this office more than Id e.ii. ,nt . ' .
j only one in nine sia s m thi ot i r .
Tlie explanation is Minplc, lmwei! "
dustnal giants there iisiialh nse a n i
men down t line.'' and when t r p-c
I 60s, a younger 50 Ail lake"; his spot
It's only a skelton profile, but tiie e a :
i in it for the young and anibnioui I i'
Ms imperative - and the specialists' a:c ch ..r : : n
; you have training, find your comp.v ;
i with it and work up through th i-iiu
;?VF ft
:V--','5'lwi'?'vl I 8" Fun M
13'
jfymrm Mj ' j;jf w''f.
1 mm Jut Workin
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